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GS ActiveBeta World Low Vol Plus Equity (GLOV) - ETF





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Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price46.92
Volume37k
Avg Vol41k
RSf69.8
$Vol(21d)2m
52 wk High47.30
52 wk Low38.00
Yield(ttm)1.22%
Inception:Mar 2022
Total Returns:
1 day0.2%
5 day-0.3%
1 month2.0%
3 month0.8%
6 month9.1%
9 month19.1%
1 year17.2%
Price Data: Closing Price
 
Compare Funds:
Correlated Group: US Brd Mkt (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
SPDR MSCI USA Quality Mix ETFQUS0.91  
John Hancock Multifactor Lg Cap ETFJHML0.91  
Hartford US Eqty Strat ETFROUS0.91  
iShares MSCI World ETFURTH0.91  
Vanguard Total World Stock Index ETFVT0.91  
iShares Core Aggressive AllocationAOA0.90  
Vanguard Dividend ETFVIG0.90  
iShares MSCI ACWI IndexACWI0.90  
WisdomTree US Dividend GrowthDGRW0.90  
Fidelity Low Volatility Factor ETFFDLO0.90  
Least Correlated
Invesco Optm Yld Divsfd Comdty ETFPDBC0.02  
WisdomTree US Agg Bond Zero DurAGZD0.02  
iShares S&P GSCI Commodity-Indexed TrGSG0.02  
Alpha Architect 1-3 Month Box ETFBOXX0.02  
JPMorgan Ultra-Short Income ETFJPST0.01  
NEOS Enhncd Income Cash AltCSHI0.00  
United States Natural Gas FundUNG-0.02  
Invesco DB Oil FundDBO-0.03  
SPDR Blmbrg Barclays 3-12 Month T-BillBILS-0.03  
Wisdom Tree Blmbrg Floatt Rate Treas ETFUSFR-0.03  
Most Inversely Correlated
Proshares UltraShort Russell2000TWM-0.74  
ProShares UltraShort MSCI EuropeEPV-0.76  
Direxion Daily S&P500 Hig Beta Bear 3xHIBS-0.78  
Proshares UltraShort Dow30DXD-0.85  
ProShares UltraPro Short Dow30SDOW-0.85  
ProShares Short Dow 30DOG-0.85  
Direxion Daily S&P 500 Bear 1X SharesSPDN-0.87  
ProShares Short S&P 500SH-0.87  
Proshares UltraShort S&P500SDS-0.88  
Direxion S&P 500 Bear 3X SharesSPXS-0.88  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2024-06-21.


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








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